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March 24th Bitcoin Early Morning Strategy Analysis
24-hour gain: +3.9%, short-term rebound but still consolidating at high levels
Core logic: Yesterday's rebound was driven by news sentiment recovery, not a trend reversal; shorting remains the mainstream strategy
Trading recommendations:
Entry zone: 2180–2200 scale into shorts
Stop loss: 2245 (breakthrough indicates strengthening trend, exit short positions)
Targets:
First target: 2120–2100 (4-hour Bollinger Band midline + support level)
Second target: 2080–2060 (previous low + strong support)
Important notes: Position size: Total position ≤30%, scale in gradually
Stop loss: Execute strictly, no holding losses, no chasing shorts$ETH